The effectiveness of tobacco taxation on university students : an empirical study on Singapore’s February 2018 tax hike
Taxes are part of Singapore’s multi-pronged approach in curbing cigarette consumption. Becker and Murphy’s Rational Addiction Model implied that taxes are effective in curbing cigarette consumption among younger individuals. This paper seeks to test the empirical validity of this implication on u...
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2020
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sg-ntu-dr.10356-1391232020-05-15T09:01:04Z The effectiveness of tobacco taxation on university students : an empirical study on Singapore’s February 2018 tax hike Lim, Eugenia Hui Jie Wong, Priya Wan Qi Theng, Alicia Cui Mei Leong Kaiwen School of Social Sciences kleong@ntu.edu.sg Social sciences::Economic theory::Microeconomics Taxes are part of Singapore’s multi-pronged approach in curbing cigarette consumption. Becker and Murphy’s Rational Addiction Model implied that taxes are effective in curbing cigarette consumption among younger individuals. This paper seeks to test the empirical validity of this implication on university students in Singapore by examining Singapore’s February 2018 tobacco tax hike. Multinomial logistic regression was conducted and subsequently found that at a 1% significance level, the average probability of an individual decreasing his cigarette consumption increases by 35.2% when faced with a tax hike. This shows that the increase in tax was effective in decreasing cigarette consumption among university students. Robustness checks confirmed the consistency of tax in our model. The results obtained highlight potential policy implications for the Singapore government to decrease smoking prevalence among university students. Bachelor of Arts in Economics 2020-05-15T09:01:04Z 2020-05-15T09:01:04Z 2020 Final Year Project (FYP) https://hdl.handle.net/10356/139123 en application/pdf Nanyang Technological University |
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Social sciences::Economic theory::Microeconomics Lim, Eugenia Hui Jie Wong, Priya Wan Qi Theng, Alicia Cui Mei The effectiveness of tobacco taxation on university students : an empirical study on Singapore’s February 2018 tax hike |
description |
Taxes are part of Singapore’s multi-pronged approach in curbing cigarette consumption.
Becker and Murphy’s Rational Addiction Model implied that taxes are effective in curbing
cigarette consumption among younger individuals. This paper seeks to test the empirical
validity of this implication on university students in Singapore by examining Singapore’s
February 2018 tobacco tax hike. Multinomial logistic regression was conducted and
subsequently found that at a 1% significance level, the average probability of an individual
decreasing his cigarette consumption increases by 35.2% when faced with a tax hike. This
shows that the increase in tax was effective in decreasing cigarette consumption among
university students. Robustness checks confirmed the consistency of tax in our model. The
results obtained highlight potential policy implications for the Singapore government to
decrease smoking prevalence among university students. |
author2 |
Leong Kaiwen |
author_facet |
Leong Kaiwen Lim, Eugenia Hui Jie Wong, Priya Wan Qi Theng, Alicia Cui Mei |
format |
Final Year Project |
author |
Lim, Eugenia Hui Jie Wong, Priya Wan Qi Theng, Alicia Cui Mei |
author_sort |
Lim, Eugenia Hui Jie |
title |
The effectiveness of tobacco taxation on university students : an empirical study on Singapore’s February 2018 tax hike |
title_short |
The effectiveness of tobacco taxation on university students : an empirical study on Singapore’s February 2018 tax hike |
title_full |
The effectiveness of tobacco taxation on university students : an empirical study on Singapore’s February 2018 tax hike |
title_fullStr |
The effectiveness of tobacco taxation on university students : an empirical study on Singapore’s February 2018 tax hike |
title_full_unstemmed |
The effectiveness of tobacco taxation on university students : an empirical study on Singapore’s February 2018 tax hike |
title_sort |
effectiveness of tobacco taxation on university students : an empirical study on singapore’s february 2018 tax hike |
publisher |
Nanyang Technological University |
publishDate |
2020 |
url |
https://hdl.handle.net/10356/139123 |
_version_ |
1681056093184196608 |